The Real Problem With CHIPS Subsidies

The Real Problem With CHIPS Subsidies
Semiconductor chips on a computer's circuit board, in a photo illustration taken on Feb. 25, 2022. Florence Lo/Reuters
Walter Lohman
Updated:
Commentary

As the Senate and House of Representatives negotiate their so-called “China bill” or America COMPETES, one of the central issues is whether to give semiconductor companies subsidies to invest in the United States. This would be a big mistake.

Walter Lohman
Walter Lohman
Author
Walter Lohman is director of the Asian Studies Center at The Heritage Foundation. He leads the think tank’s oldest research center.
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